Which document is primarily associated with TRID requirements?

The Loan Estimate and Closing Disclosure forms are primarily associated with TRID requirements, which stands for TILA-RESPA Integrated Disclosure. This set of regulations was established to simplify and clarify the information consumers receive during the mortgage process.

The Loan Estimate is a document that provides a summary of key loan terms and projected payments, enabling borrowers to understand the costs associated with a mortgage loan before closing. It must be provided by lenders within three business days of a loan application.

The Closing Disclosure is given to the borrower at least three business days before closing and offers a detailed breakdown of the final loan terms, closing costs, and cash needed to close the transaction. Together, these forms are designed to ensure transparency and protect consumers from surprise costs, thus enhancing their understanding of the financial implications of their real estate transactions.

The other options, while relevant to real estate transactions, do not specifically pertain to the TRID requirements, which focus on the loan application and closing processes.